Price increase in February

[stwaldman]

I would be one of those who disagree. When we were considering where to buy last year, the concerns I saw repeatedly were “you can’t get a studio at CCV”, RR resale restrictions and the price of RR MFs. VGF is superior in all three of those concerns.

I think one quirk here is that CCV sold for a long time with a minimum buy in of 75 points, which made a small-medium population of owners who (at first, before add ons at least) couldn't stretch points to much beyond studios (and only studios for 3-5 days, really). At a 150 min buy in, VGF will be selling at a minimum of 150 points which changes the demand on those rooms a bit since those new owners will have 11 month priority to go book VGF 1/2BRs and have the points to do it, plus the points to stretch out at other resorts.

 

[stwaldman]

I think one quirk here is that CCV sold for a long time with a minimum buy in of 75 points, which made a small-medium population of owners who (at first, before add ons at least) couldn't stretch points to much beyond studios (and only studios for 3-5 days, really). At a 150 min buy in, VGF will be selling at a minimum of 150 points which changes the demand on those rooms a bit since those new owners will have 11 month priority to go book VGF 1/2BRs and have the points to do it, plus the points to stretch out at other resorts.

but VGF deffo wins on the other points with low dues and no restrictions, for sure. Its just seems less clear how the addition of so many studios will impact demand.

 

[Sandisw]

I would be one of those who disagree. When we were considering where to buy last year, the concerns I saw repeatedly were “you can’t get a studio at CCV”, RR resale restrictions and the price of RR MFs. VGF is superior in all three of those concerns.

They are, but if someone has to spend a lot of extra to buy VGF as a new buyer, that extra negates the difference in MFs for a long time,

Points wise, VGF is slightly more than RIV, so that will be a wash. In terms of resale restrictions? Yes, VGF won’t have them, but adding 200 studios to the resort may make it not so unique to others and the price on resale may fall enough to overcome the resale restriction for RIV.

So far, RIV resale is doing well given the restrictions so no doom and gloom yet,

But DVD doesn’t price for resale and most buyers don’t think about that when buying direct…so, they have to price the products they are selling strategically to sell.

And, if having all those studios make getting the resort most of the year at 7 months pretty doable, then people may not be willing to spend thousands and thousands more for that home resort advance on a contract that won’t last as long.

 

[Vulnox]

Is it well known that VGF2 won't have resale restrictions? I haven't seen anyone question it so I imagine it is. I guess that is surprising if it doesn't, to me at least, since I would have thought that would be Disney's priority going forward. I don't know a lot about VGF2 though, maybe it being an add on to an existing resort restricts how much they can change the rules.

 

[nuhusky123]

Vgf2 is part of the same vgf association. Can’t have restrictions because of that

 

[Vulnox]

Vgf2 is part of the same vgf association. Can’t have restrictions because of that

Ah, thank you! That is good for anyone that gets in to it then. Price may be higher and we don't know for sure what the restrictions will do long term, but not even having that worry is a good bonus.

 

[UrsulaWantsYourSoul]

Grand Flo expiring in 2064 instead of 2068 (Copper Creek) or 2070 (Riviera) is a slight negative in comparison for pricing so might also help keep the cost per point lower. I mean 6 years isn't a ton of time but SHOULD have a bit of consideration in pricing. It's 12% less deed life than Riviera. But... Aulani is 2062 and they sell Riviera and Aulani at the same so price so who knows.

 

[Epcot Forever Forever]

Grand Flo expiring in 2064 instead of 2068 (Copper Creek) or 2070 (Riviera) is a slight negative in comparison for pricing so might also help keep the cost per point lower. I mean 6 years isn't a ton of time but SHOULD have a bit of consideration in pricing. It's 12% less deed life than Riviera. But... Aulani is 2062 and they sell Riviera and Aulani at the same so price so who knows.

Personally I look at that and think, I’m in my late 30s, I think Disney’s target age for DVC, yet the odds I’ll be alive in 2068 or 2070 are pretty bad! So I’m happy to perhaps reduce the workload on my kids to sell or surrender the thing someday.

 

[Judique]

Personally I look at that and think, I’m in my late 30s, I think Disney’s target age for DVC, yet the odds I’ll be alive in 2068 or 2070 are pretty bad! So I’m happy to perhaps reduce the workload on my kids to sell or surrender the thing someday.

Ummm? Are you in bad health now?

I think the odds are closer to a relatively health conscious person making it to mid to late 80ties.

There is always the possibility that you will succumb earlier, but I think odds are in favor of living longer with reasonable measures taken.

I'll be 69 next birthday. I am a diabetic with type 2 controlled. If I'd been more astute about my weight earlier, I'd be in better shape. As it is, now I do quite a lot to possibly live longer, with quality of life. I try to eat responsibly, control my weight (I've done well here) and exercise. (Not doing as well here but it's constantly on my mind, even when I go shopping. I'll park out in the boonies and walk. Keeps my cars less door dinged also.)

So, it's really mostly up to you whether you make it to 2068 or 2070, barring bad luck or bad decisions. Now is the time to take charge of the rest of your life.

I'm heading for 2042 with no regrets. Regrets would only be a negative to my state of mind.

Oh, and now that I've reread and got your point (sometimes I skim too fast), nothing wrong with taking a contract that will expire earlier. There are lots of workarounds that we won't even know about until they happen.

 

[Epcot Forever Forever]

Ummm? Are you in bad health now?

I think the odds are closer to a relatively health conscious person making it to mid to late 80ties.

There is always the possibility that you will succumb earlier, but I think odds are in favor of living longer with reasonable measures taken.

I'll be 69 next birthday. I am a diabetic with type 2 controlled. If I'd been more astute about my weight earlier, I'd be in better shape. As it is, now I do quite a lot to possibly live longer, with quality of life. I try to eat responsibly, control my weight (I've done well here) and exercise. (Not doing as well here but it's constantly on my mind, even when I go shopping. I'll park out in the boonies and walk. Keeps my cars less door dinged also.)

So, it's really mostly up to you whether you make it to 2068 or 2070, barring bad luck or bad decisions. Now is the time to take charge of the rest of your life.

I'm heading for 2042 with no regrets. Regrets would only be a negative to my state of mind.

Oh, and now that I've reread and got your point (sometimes I skim too fast), nothing wrong with taking a contract that will expire earlier. There are lots of workarounds that we won't even know about until they happen.

The government’s actuarial tables put the odds of living to 87 at ~28%. And that’s without knowing any medical conditions I have. I’m not in bad health but I like many people have the stuff I’m dealing with.

 

[Judique]

The government’s actuarial tables put the odds of living to 87 at ~28%. And that’s without knowing any medical conditions I have. I’m not in bad health but I like many people have the stuff I’m dealing with.

I think that's pretty low. And with 40ish years to go, your odds may improve significantly.

For me, I take it a day at a time, with the intention to maximize my life.

But then, I've got quite a few 90 somethings still hanging around my circle.

 

[TinkAgainU]

Haha - I am in late 60s and just made an offer on VGF that in theory I need to use until I'm around 110 to get full value. Like booking Hawaii after the holidays (nothing like a bathing suit to motivate you!), I'm using my DVC as a subconscious motivator I just won't go walking thru WDW in August at 110. Oh, and the kids laughing and music in that beautiful reception area will still sound just as good with hearing aids...

 

[DVCPAT]

This is crazy that prices are going up so quick. Seems like their strategy is “let everyone know the price is higher soon so hopefully it sells faster now” instead of offering an actual deal

Everything is going up. Disney wages, outside vendor costs, energy, material, food… inflation will affect everything. Today’s quotes have short shelf life due to shortages so you can’t shop to get the best price. It’s scary to see the dollar lose value especially for those on a fixed income. Some assets will appreciate….I think Disney will continue to raise prices and be fine with reduced crowd levels.

 

[TheEpcotForEver]

The government’s actuarial tables put the odds of living to 87 at ~28%. And that’s without knowing any medical conditions I have. I’m not in bad health but I like many people have the stuff I’m dealing with.

We are Forever though